Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows $19,861 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following:

Deposit in transit	1,750
Outstanding checks	918

Additionally, a $36 check correctly written and recorded by the company was recorded by the bank as a $63 deduction. The adjusted cash balance per the bank records should be:

Multiple Choice

• $22,556

• $20,720

• $17,220

• $20,666

• $20,693